A bill to legislate improvements to the First Home Saver Account scheme announced by the Treasurer way back in the May Budget has finally seen the light of day.The Treasurer's Office yesterday released a draft of its "Increasing the Flexibility of First Home Saver Accounts". It will be taking submissions up to November 4. In the original scheme, introduced in 2008, first-home buyers had to contribute to their FHSA over four financial years to qualify for concessional tax treatment and government contributions. They could not put the money into a home purchase until after that time had passed.If they bought a house before the four years was up the money in the FHSA would go into their superannuation account.Now the government proposes to allow people to buy a home and then put the money saved in the FHSA into their mortgage after the qualifying period has ended.Submissions are sure to point out that the scheme's biggest drawback is the four-year qualifying period, which consumers see as too long.The government is not proposing to change the qualifying period.